Ways to handle multiple credit cards

Mumbai-based Smita Nadkarni has a unique hobby: collecting credit cards. The 31-yearold architect with a leading real estate firm was open to any new card offering incentives on purchases.

"I would get a high seeing so many credit cards in my wallet. Since there would be no joining or annual fees, I thought I would not lose by picking up more and more cards," she says. The siren song she heard was the promise of saving money on fuel, flights and more, while collecting points that could be redeemed from an attractive catalogue.